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Musk’s X in Talks to Raise Equity at $44 Billion Valuation

The Information · Martin Peers · last updated

Elon Musk’s X is in talks with investors to raise fresh equity capital at the $44 billion valuation at which Musk bought the social media firm, then known as Twitter, in 2022, Bloomberg reported.

If Musk succeeds, it would be an extraordinary turnaround given that X’s valuation has dropped …

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